Chief Healthcare Executive September 26, 2024
Deaconess Health is exploring the possibility of acquiring Jennie Stuart Health, one of many rural hospitals facing financial pressures.
Like a host of other rural hospitals, Jennie Stuart Health has dealt with the challenges of operating as an independent provider.
Jennie Stuart, based in Hopkinsville, Kentucky, has served its community for more than a century. Just as rural hospitals face financial difficulties around the country, the hospital is looking at a merger with a larger partner.
Deaconess Health is moving to acquire Jennie Stuart Health. The two organizations have signed a non-binding letter of intent to come together, and they say they will conduct due diligence of a merger in the coming weeks.
Eric Lee, president and CEO of Jennie...
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